Dave Michaels

SEC money fund rule changing $1 share faces less opposition

Dave Michaels

June 4, 2013

Money-market mutual fund providers seek compromise on new regulation, making tougher rules for the $2.6 trillion industry more likely.

Obama nominates two U.S. Senate aides as next SEC commissioners

Dave Michaels

May 25, 2013

Kara M. Stein and Michael S. Piwowar, both senior U.S. Senate aides, were nominated by President Barack Obama to join the SEC.

NYSE proposes lower access fees to get more trading

Dave Michaels

May 13, 2013

NYSE Euronext sought to mute opposition to its quest for regulatory curbs on dark-pool trading by offering to lower its fees.

Senate JPMorgan report gives SEC road map for lawsuit

Dave Michaels

March 16, 2013

Senate probe provided 900 pages of evidence that could help the SEC make the case that JPMorgan executives broke the law.

SEC says it's ‘very focused’ on policing high-speed traders

Dave Michaels

January 26, 2013

Robert Khuzami, the SEC's enforcement chief, said the agency is focused on charging exchanges and traders when their actions allegedly harm investors.

SEC Chairman Walter says cross-border swaps rules top agenda

Dave Michaels

January 19, 2013

Completing Dodd-Frank rules, including those governing cross-border swaps, tops the U.S. Securities and Exchange Commission’s agenda this year.

SEC to offer money-market overhaul soon, commissioner says

Dave Michaels

January 16, 2013

A second effort to overhaul rules governing the $2.6 trillion money-fund industry should be offered by the SEC before the end of March.